The Daily Journal. — U.S. President Donald Trump said Sunday that his administration will soon use Venezuelan crude to replenish the country’s strategic energy reserves following the recent bilateral agreement that gives U.S. companies operational control over one-fifth of the South American country’s proven reserves. In a post on his Truth Social platform, Trump lashed […]
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The Daily Journal. — The U.S. Department of War plans to acquire a 35% non-controlling stake in a private company that holds rights to develop oil fields in Venezuela, a move that would mark an unusual expansion of the U.S. government’s direct involvement in an energy project in the country, The Wall Street Journal reported […]
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Dr. Juan Barreto, Director of The Daily Journal for Venezuela and Latin America.— The week begins with plenty of movement on the oil front. On the one hand, this Friday, U.S. President Donald Trump announced on his social media platform that he had signed an oil agreement with Venezuela’s acting president, Delcy Rodríguez, calling it […]
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The Daily Journal. — U.S. Secretary of State Marco Rubio on Friday endorsed the bilateral energy agreement with Venezuela, which gives Washington majority control over 17 strategic oil fields with proven potential of 65 billion barrels of reserves. “This agreement is a major win for both the American and Venezuelan people,” the top U.S. diplomat […]
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The Daily Journal. — The Venezuelan government confirmed Friday night that it had signed an energy agreement with the United States that opens the development of “17 strategic fields, with proven potential of 65 billion barrels of oil” to private operators. In an official statement posted on social media, acting President Delcy Rodríguez described the […]
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The Daily Journal. — U.S. President Donald Trump announced Friday that Washington had reached an energy agreement with the Venezuelan government that he described as “the largest oil deal in world history,” under which U.S. companies will assume majority control over more than 65 billion barrels of proven crude oil reserves. In a message posted […]
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The Daily Journal – The Donald Trump administration is holding advanced talks with Venezuela’s interim government to acquire an equity stake in the South American country’s oil fields under a deal that official sources describe as “massive,” digital news outlet Axios reported Thursday. If the parties finalize the deal, it would cover more than a […]
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Natalia Jaua The cyclical warming of Pacific Ocean waters has once again placed Latin America before a familiar yet never identical challenge. Sea temperatures off the coasts of Ecuador and Peru remain above normal, with a mass of warm water advancing toward the central Pacific and anomalies of up to 3°C. For Venezuela, forecasts indicate […]
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The Daily Journal. — The nongovernmental organization Provea warned that acting President Delcy Rodríguez’s decision to eliminate police and military checkpoints in urban areas across the country will not suffice to dismantle the corruption, extortion and abuse of authority associated with these control points. Provea said the measure, which authorities presented as a plan to […]
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The Daily Journal.- The government will relocate students from 91 schools affected by the June 24 earthquakes during the upcoming academic year, Education Minister Héctor Rodríguez said Tuesday. During an event in Caracas alongside acting President Delcy Rodríguez, the minister explained that 11 schools collapsed, while the other 80 sustained structural damage. Starting on September […]
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